Category: Investment

Leading property consultant Anarock on Monday (12 August) said that it expected the property prices in the erstwhile state of Jammu and Kashmir to soar, reports Economic Times. As per the property consultant, property prices in Srinagar have been hovering in a very low range of Rs 2,200 to Rs 4,000 per square feet, which is much too low for a tier-2 or tier-3 city in India, compared to other such cities. The development, if materialised, would usher in a boom in the real estate market in the region, while benefiting the locals…

Times have changed and not many of us can afford the luxury of a debt-free life, something our parents and grandparents enjoyed. There is also a shift in the way people looked at borrowing. Unlike our elders, we do not perceive debts as harmful. Not only do loans save us in our time of need, but they also help us save on taxes. Experts are also of the opinion that debts should be part of one’s financial planning, and this planning should be done in a way that the borrower makes the…

There is no denying the fact that home buying is emotionally gratifying.  In fact, we will not be exaggerating if we said that more than often, the purchase decision is emotional than rational. Many a time, we are so moved by the rush of these emotions that we enter the territory without doing any prior preparation.  Even if everything turns out alright in the end, the process is so harrowing for a naïve buyer that they are left feeling wearisome. This buyer also runs the risk of the investment turning bad…

Buying and owning real estate is an exciting investment strategy, that can be both satisfying and lucrative. Unlike stock and bond investors, prospective real estate owners can use leverage to buy a property by paying a portion of the total cost upfront, then paying off the balance, plus interest, over time. While a traditional mortgage generally requires a 20% to 25% down payment, in some cases, a 5% down payment is all it takes to purchase an entire property. This ability to control the asset the moment papers are signed emboldens both real estate…